News for Regards Dec 29


found this interesting news

original post

TLDR: Market Sentiment at the Open:

Low volume means more swings; likely upward swings

Bulls may like this

  • China’s earlier reopening could hit supply chains in the short term, but boost growth in 2023

Bear thesis

  • Russia Rules Out Peace Talks With Ukraine. On Thursday morning launched more than 100 missiles at Ukraine, hitting capital Kyiv and other cities
  • Asia-Pacific markets fall but European markets mixed

Stock Specific

  • Musk tells Tesla employees don’t be ‘bothered by stock market craziness. Cathie added more TSLA on Tuesday
  • Southwest may be close to resuming relatively normal operations.
  • Apple is reportedly concerned over the performance of iPhone 14 Plus
  • Google employees are concerned over a new employee evaluation system that could be used to cull the workforce.
  • The US House of Representatives banned TikTok on government-issued phones- Could help META which is struggling with VR headset sale reduction

Significant Events Calendar:

Time >>>>> Event >>>>>>> Interpreting the report (Oversimplified)

08:30 ET >>> Jobless Claims >>> Dont expect any impact today


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